marketcodeAsking rent
£1,786 a month 12 months to Jul 2026
618 lets
Postcode district
SM1 rental market
Asking rent £1,786 a month · Gross yield 6.6% · 12 months, listings to Aug 2026
What is SM1?
- Buildings
- 1,215
- Mixed-use buildings
- 3.0%
- HMO-shaped units
- 14%
What does SM1 earn?
SM1: asking rent £1,786 a month (12 months to Jul 2026, 618 lets).
Gross yield, asking basis
6.6% 12 months to Aug 2026
3,237 lets
+30.6% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
202 on 21 Sep 2026
How does SM1 vary by home size?
Asking rent in SM1 runs from £1,725 a month for 1 bedroom to £2,883 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,725 a month | 12 months to Aug 2026 | +23.2% on the previous 12 months | 1107 |
| 2 bedrooms | £2,261 a month | 12 months to Aug 2026 | +19.8% on the previous 12 months | 1521 |
| 3 bedrooms | £2,883 a month | 12 months to Aug 2026 | +31.7% on the previous 12 months | 472 |
| 4 bedrooms | £2,623 a month | 12 months to Jun 2026 | — | 86 |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns SM1?
Corporate landlords hold 70% of the 630 units in SM1 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords70% of classified · 441 units
- Individuals (not traceable in bulk)16% of classified · 103 units
- Housing associations11% of classified · 69 units
- RMC2.7% of classified · 17 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does SM1 rank?
SM1 ranks 4th of 5 postcode districts in Sutton for asking rent, at £1,786 a month.
Asking rent · postcode districts in Sutton
SM1 ranks 4th of 5 postcode districts in Sutton for asking rent, at £1,786 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | SM3 | £2,047 a month | 188 | measured |
| 2 | SM5 | £2,023 a month | 236 | measured |
| 3 | SM2 | £1,849 a month | 401 | measured |
| 4 | SM1 | £1,786 a month | 618 | measured |
| 5 | SM6 | £1,533 a month | 363 | measured |
Full table: asking rent across postcode districts in Sutton →
Gross yield, asking basis · postcode districts in Sutton
SM1 ranks 1st of 5 postcode districts in Sutton for gross yield, asking basis, at 6.6%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | SM1 | 6.6% | 3,237 | measured |
| 2 | SM2 | 5.5% | 833 | measured |
| 3 | SM6 | 4.7% | 626 | measured |
| 4 | SM3 | 4.6% | 325 | measured |
| 5 | SM5 | 4.6% | 439 | measured |
Full table: gross yield, asking basis across postcode districts in Sutton →
Where next from SM1?
- SuttonThe wider market this area sits in.
- SM2Neighbouring postcode district · £5,231/m²
- SM3Neighbouring postcode district · £6,237/m²
- SM5Neighbouring postcode district · £6,239/m²
- SM6Neighbouring postcode district · £5,524/m²
- SM4Next door, in another authority · £5,824/m²
- CR4Next door, in another authority · £5,544/m²
- KT4Next door, in another authority · £7,220/m²
- KT17Next door, in another authority · £7,283/m²
- SM7Next door, in another authority · £5,881/m²
- SW19Next door, in another authority · £8,115/m²
Questions about SM1
- What is the average rent in SM1?
- Homes to let in SM1 asked a median £1,786 a month over the 12 months to Jul 2026, 618 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SM1?
- 6.6% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 3,237 lets. +30.6% on the previous 12 months.
Everything else about SM1
- Properties in SM1Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in SM1Footprints, heights and the units inside them.
- Land and plots in SM1Registered parcels with their area, tenure and what stands on them.
- Homes for sale in SM1What is on the market right now, with the evidence beside each asking price.
- Homes to rent in SM1What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in SM1Registered completions from Price Paid, newest first.
- Planning applications in SM1What was proposed, who decided it and whether it was approved.
- Estate agents active in SM1Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 618 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 3,237 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |